  | | | S&P 500 closes at record despite tumbling tech | | NEW YORK (Reuters) - The Nasdaq composite index fell on Friday as disappointing results from Microsoft and Google dragged down the technology sector, but the S&P 500 index edged up to finish at a record high. | | |  | | | Microsoft shares hit by biggest sell-off since 2000 | | (Reuters) - Microsoft Corp shares fell more than 12 percent on Friday, their biggest plunge in 13 years, a day after the software company posted dismal quarterly results due to weak demand for its latest Windows system and poor sales of its Surface tablet. | | | |  | | | GE order book surges; may bode well for global manufacturing | | (Reuters) - General Electric Co on Friday unveiled a surprise jump in its backlog of orders for dishwashers, X-ray machines and scores of other industrial products, boosting the conglomerate's shares and stoking hopes for gains in manufacturing around the world. | | | |  | | | Honeywell cost cutting drives profit higher | | (Reuters) - Honeywell International Inc reported a stronger quarterly profit as it cut costs and sold more security systems for buildings and turbochargers for cars and trucks, nudging its shares to a lifetime high. | | | |  | | | SEC rejects settlement with fund manager Phil Falcone | | NEW YORK (Reuters) - The U.S. Securities and Exchange Commission voted to reject a deal its enforcement division had struck with once high-flying hedge fund manager Philip Falcone and his hedge fund Harbinger Capital Partners, according to a regulatory filing on Friday by Falcone's publicly traded company Harbinger Group Inc. | | | |  |  | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | |  | |  | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | | » MORE NEWSLETTERS | |
